Peppermint Oil Market by Top Key Industry Players: Vinayak Ingredients, AOS Products Private Limited, Foodchem International Corporation, Bhagat Aromatics, Paras Perfumes, Hindustan Agro Pvt. Ltd., The Lebermuth Company, Inc., De Monchy Aromatics and Arom

Peppermint Oil Market size will register substantial growth in the forecast time period owing to its wide usage in medicines due to its therapeutic benefits. The product is extracted from stem and flower of herb. It is well known for its property of giving cool and calm effects on the body. Rising demand for aromatherapy treatments will drive the peppermint market growth.

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Personal care industry’s rapid growth of over 40% in the last 5 years has raise the usage of the product in the skin and hair care products. Consumption pattern of skin and hair care products in teenagers is substantially rising. Men and Women are equally contributing in the growth of peppermint oil market. It was estimated that 25% salon business come from men’s treatment. It is used in cosmetics and soaps for fragrance and can also be applied on skin as an ointment or cream. Its usage on face for controlling ache, brighten face, excellent toner and cleaner raises demand in peppermint oil market.

Segmentation in peppermint oil market on the basis of end use industries includes oral, confectionaries, pharmaceuticals, tobacco and fragrance. Classification of the commodity in terms of application includes mouthwash, toothpaste, oral spray, candies, gums, drugs, medicated items, cigarettes, Tabaco, soap shampoo and aftershave lotions.

Europe accounts for substantial growth in peppermint oil market owing to increasing skin and hair care industry boosted by increasing awareness towards health and hygiene in the region. Rising awareness of Organic and natural benefits of the product including cosmetics, hair care, soap, aftershave for refreshment and fragrance will drive the product growth.

The U.S. is world’s most important pharmaceutical industry. It accounts over 45% of global pharmaceutical industry. Many global top companies are from North America region, which are contributing the largest market share in medicine industry and biopharmaceuticals research. The product is widely used in medicines to prevent various dieses such as acidity and indigestion in body.

China and India consumes largest amount of share of confectionaries, the product is extensively used to add flavors and give natural taste to confectionary items such as chocolates, cakes and candies. Mostly Asian countries consumes huge quantity of these items will propel the product growth.

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Top key players:
Key contributor in peppermint oil market are Essex Laboratories, Vinayak Ingredients, AOS Products Private Limited, Foodchem International Corporation, Bhagat Aromatics, Paras Perfumes, Hindustan Agro Pvt. Ltd., The Lebermuth Company, Inc., De Monchy Aromatics and Aromatic and Allied chemicals.

Market share calculation in this report is not done based on companies covered in it. The calculation of peppermint oil Market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

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